Emerging Markets Equity Active ETF (NASDAQ:REMG – Get Free Report) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 8,313 shares, a decline of 50.1% from the September 30th total of 16,645 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 33,464 shares, the days-to-cover ratio is presently 0.2 days.
Emerging Markets Equity Active ETF Trading Down 2.8%
REMG stock traded down $0.94 during midday trading on Friday, hitting $32.79. The company’s stock had a trading volume of 28,286 shares, compared to its average volume of 13,924. Emerging Markets Equity Active ETF has a 12 month low of $28.07 and a 12 month high of $39.02. The firm’s 50-day moving average is $36.10 and its 200-day moving average is $34.81. The company has a market cap of $111.49 million, a PE ratio of 12.01 and a beta of 1.41.
Institutional Trading of Emerging Markets Equity Active ETF
An institutional investor recently raised its stake in Emerging Markets Equity Active ETF stock. Bank of New York Mellon Corp increased its position in shares of Emerging Markets Equity Active ETF (NASDAQ:REMG – Free Report) by 12.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,163 shares of the company’s stock after purchasing an additional 2,180 shares during the period. Bank of New York Mellon Corp owned 0.68% of Emerging Markets Equity Active ETF worth $590,000 at the end of the most recent reporting period.
About Emerging Markets Equity Active ETF
The Emerging Markets Equity Active ETF (REMG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that employs a multi-manager, multi-style investment approach, investing in companies of various market capitalizations from emerging market countries. REMG was launched on May 29, 2025 and is issued by Russell Investments.
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